All posts tagged crowd funding

“I will win the crowd,” asserts actor Russell Crowe in the epic film Gladiator, just as he contemplates entering a competitive, cutthroat arena where he must build alliances with others as tigers and perils lurk in every corner. “I will give them something they have never seen before.”

And to make a tenuous comparison, crowdfunding can be described a lot like this scene in Gladiator. Startups that raise funding via the crowd route need to first convince a small group of friends, family and close investors of an innovative and exciting product, before the whole crowd can be won over and become ambassadors for a brand.

That’s according to Chris Thomas, the chief executive of Dubai-based equity crowdfunding website Eureeca. “2014 will be the year for crowdfunding, and in 2015 and 2016, it is going to explode,” Mr. Thomas said in an interview with The Wall Street Journal. Read More »